Saturday, July 27, 2013

Copper

There are three bearish patterns in Mcx- Copper.
1) 4 weeks Symmetrical Triangle. Trade short on rise with stop loss of 416 for target of 397.
2) 5 weeks Double Top, neckline at 393.
3) Completion of retracement from 455 to 366, will form double bottom near 375 to 365. 


No comments:

Post a Comment

Note: Only a member of this blog may post a comment.